CARRICK FAVOURITE FOR MAN UTD CARETAKER ROLE. (PHOTO)

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 Carrick favourite for Man Utd caretaker role Michael Carrick has emerged as favourite to be appointed Manchester United caretaker head coach, according to sources close to the process. Club chiefs are hoping to have an appointment in place for when players return to training on Wednesday. While a final decision is yet to be reached, talks are said to have progressed with the 44-year-old over the position. Carrick previously had a three-game stint as United's temporary boss following Ole Gunnar Solskjaer's dismissal in 2021. He won two and drew one of those matches but left after Ralf Rangnick's arrival as interim manager. Solskjaer held face-to-face discussions with the club on Saturday about a return. United sacked Ruben Amorim as manager after 14 months in the job on 5 January. Darren Fletcher, a former United and Scotland midfielder, was initially handed temporary responsibility for first-team affairs following Amorim's departure. United suffered an FA Cup third-rou...
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NEC ESTABLISHES COMMITTEE TO ADDRESS N702.9BN COST OF LIVING ALLOWANCE FOR WORKERS.(PHOTO).

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NEC ESTABLISHES COMMITTEE TO ADDRESS N702.9BN COST OF LIVING ALLOWANCE FOR WORKERS


NEC Establishes Ad Hoc Committee to Address Nigerian Workers' Hardship After Fuel Subsidy Removal
In response to the challenges faced by Nigerian workers due to the removal of fuel subsidy, the National Economic Council (NEC) has taken action by setting up an ad hoc committee. The committee's primary objective is to find effective measures to alleviate the suffering experienced by workers across the country.

According to a statement from the Office of the Vice President, the council has granted the committee a two-week timeframe to explore two proposed scenarios put forth by the National Salaries Wages and Income Commission (NSWIC). The statement highlights that this decision was made during the inaugural NEC meeting chaired by Vice-President Kashim Shettima, following its establishment by President Bola Tinubu.

Mr. Ekpo Nta, the Chairman of NSWIC, has recommended two key measures to address the situation. Firstly, he suggests reviewing the national minimum wage to ensure it reflects the current economic realities. Additionally, he proposes the creation of a cost of living adjustment allowance, amounting to N702.9bn, to mitigate the adverse effects of the subsidy removal on workers.

During the meeting, the NEC also provided an update on the nation's financial accounts. It was reported that the Excess Crude Account stands at $473,754.56, the Stabilisation Account at N26.6bn, and the Natural Resources Fund at N96.9bn.

 

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